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  • on Wed May 22 3:21 PM

    Google's Vision For Self Driving Cars

    BUSINESS INSIDER

    Google co-founder Sergey Brin is dedicating most of his time to self-driving cars, he tells Brad Stone of Bloomberg Businessweek. Brin had been working on Google Glass, but he says it's "basically done." So it's on to the next thing. And here is...
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    on Wed May 22 3:13 PM

    Gold Loses More Ground - WSJ.com

    THE WALL STREET JOURNAL

    Gold futures extended losses in electronic trading after minutes from the Fed's May policy-setting meeting showed board members weighed an early end to the central bank's bond-buying program.
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    on Wed May 22 3:00 PM

    5 Mobile Payments Data Points

    BUSINESS INSIDER

    Consumers gravitate to convenience. That's as true with payment technologies as it is with anything else. A prime example is the decades-old trend away from cash or checks and toward credit cards. Now, the mass adoption of smartphones and tablets...
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    on Wed May 22 2:58 PM

    Google Buys Makani Power - Business Insider

    BUSINESS INSIDER

    Google confirmed to Bloomberg Businesweek today that it bought Makani Power, a company that makes airborne turbines that collect wind power and delivers it to the ground via a tethered cable. Makani Power will become part of Google X, Google's...
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    on Wed May 22 2:51 PM

    U.S. to Fund Glaxo's Research on Antibiotics

    THE WALL STREET JOURNAL

    Concerned about the need to fight antibiotic resistance and possible bioterrorist attacks, the U.S. government will give drug maker GlaxoSmithKline up to $200 million over the next five years to help fund research into new antibiotics.
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    on Wed May 22 2:23 PM

    Last-Second Options Bet on Saks Raises Questions

    THE WALL STREET JOURNAL

    Options traders are questioning the timing of a set of last-minute trades in Saks Tuesday that stand to bring in huge profits following news the company may be exploring a sale.
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    on Wed May 22 2:18 PM

    KKR Eyes Saks-Neiman Merger - WSJ.com

    THE WALL STREET JOURNAL

    KKR weighing an investment in Saks, possibly with an eye toward merging the high-end department store with rival Neiman Marcus, according to a person familiar with the matter.
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    on Wed May 22 1:58 PM

    China Tilts Back to Big Spending

    THE WALL STREET JOURNAL

    A more detailed look at China's economic performance in 2012 shows it tipped further off balance, relying more than ever on credit-fueled investment, a trend it had tried to rein in.
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    on Wed May 22 1:17 PM

    Court to Question IMF Chief Lagarde

    THE WALL STREET JOURNAL

    IMF chief Christine Lagarde is set to appear for questioning at a special court in Paris on Thursday as part of a criminal probe into whether public funds were misused when she served previously as France's finance minister.
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    on Wed May 22 1:01 PM

    Société Générale to Dismiss Rosbank Chief

    THE WALL STREET JOURNAL

    French bank Société Générale is moving to dismiss Vladimir Golubkov, chief executive of its Russian unit Rosbank, a week after he became the target of a probe into alleged bribery in the country.
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